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MNI: UK Q1 FINAL GDP 0.6% Q/Q (0.6% EXP)
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NEWS dpa_afx
MNI: UK Q1 CURRENT ACCOUNT BALANCE GBP -22.1 BLN
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European Shares Seen Tad Higher With US-Iran Talks In Focus
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks are seen opening higher on Tuesday following Wall Street's overnight rally.That said, a cautious undertone may prevail as investors await the outcome of the next round of U.S.-Iran negotiations set to take place in Doha today, after recent exchan…
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Digital Realty Reveals Pricing Of 12.3 Mln Shares Public Offering By Blackstone At $185/Shr
WASHINGTON (dpa-AFX) - Digital Realty Trust Inc. (DLR) Tuesday said that it has priced a public offering of 12.31 million common shares at $185 per share. The company said that the shares are being sold by affiliates of Blackstone Inc.The real estate investment trust said that the shares will be is…
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ACCC Sues Amazon Over Allegedly Unfair Contract Terms For Prime Video Users
SEATTLE (dpa-AFX) - Australia's competition regulator announced that it has filed a case against tech major Amazon's Australian unit over alleged unfair terms in its Prime subscription contracts, which allowed the firm to introduce advertising to its streaming service, Amazon Prime Video.The Austra…
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Hormel Foods To Sell Brazilian Ceratti Business To Zanchetta Alimentos For Undisclosed Terms
WASHINGTON (dpa-AFX) - Packaged foods company Hormel Foods Corp. (HRL) late Monday announced that it has agreed to sell its Brazilian operations, operated under the Ceratti brand, to Zanchetta Alimentos Ltda, a Brazilian food company. The financial terms of the deal were not disclosed.Hormel expect…
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China Manufacturing Activity Expands
BEIJING (dpa-AFX) - China's manufacturing activity expanded in June, official survey results from the National Bureau of Statistics revealed Tuesday.The manufacturing Purchasing Managers' Index rose to 50.3 in June from 50.0 in May. A score above 50.0 indicates expansion. The reading was also sligh…
Asian Markets Trade Mostly Lower
CANBERA (dpa-AFX) - Asian stock markets are trading mostly lower on Tuesday, despite the broadly positive cues from Wall Street overnight, amid renewed uncertainty about the geopolitical situation in the Middle East after Iran reportedly said it will not meet the US team in Qatar for the peace talk…
Japanese Market Slightly Higher
TOKYO (dpa-AFX) - The Japanese stock market is trading slightly higher on Tuesday, extending the gains in the previous session, foll0wing the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving well above the 69,550 level, with gains in financial and technology stocks parti…
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CHINA PBOC CONDUCTS CNY600 BLN VIA OVERNIGHT REVERSE REPO TUES
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CHINA PBOC CONDUCTS CNY69.5 BLN VIA 7-DAY REVERSE REPO TUES
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CHINA SETS YUAN CENTRAL PARITY AT 6.8109 TUES VS 6.8175
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JAPAN MAY FACTORY OUTPUT POSTS 2ND STRAIGHT M/M RISE
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MNI JAPAN MAY FACTORY OUTPUT +0.5% M/M; APRIL +0.5%
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MNI JAPAN MAY JOBLESS RATE AT 2.5% VS. APRIL 2.5%
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UK JUN BRC SHOP PRICES 0.4% M/M (0.5% MAY)
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NEWS dpa_afx
MNI: UK JUN BRC SHOP PRICES 1.2% Y/Y (1.2% MAY)
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SpaceX Joins Nasdaq-100 Less Than A Month After Going Public
WASHINGTON (dpa-AFX) - Space Exploration Technologies Corp. (SPCX) is set to be added to the Nasdaq-100 index in under a month since its IPO, making it one of the quickest companies to get this honor thanks to Nasdaq's new fast-track rules.Late Friday, Nasdaq announced that SpaceX meets the criteri…
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Ford Brings Back Experienced Engineers After AI Struggles With Quality Checks
DEARBORN (dpa-AFX) - Ford Motor Co. (F) has brought back over 300 seasoned quality engineers after realizing that AI can't fully take the place of human know-how in checking vehicle quality.The company had been ramping up its AI use on the production line, even using AI-driven cameras to spot defec…
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Japan Data Due On Tuesday
CANBERA (dpa-AFX) - Japan is scheduled to release a batch of economic data on Tuesday, highlighting a busy day for Asia-Pacific economic activity. On tap are May figures for unemployment, industrial production, construction orders and housing starts.The jobless rate (2.5 percent) and jobs-to-applic…